The maritime industry may close in on 2020 before the much discussed Hong Kong convention under the auspices of the IMO has been finally ratified by a sufficient number of countries for it to come into effect globally. In Denmark, the authority responsible with implementing the convention into Danish law is the Danish Environmental Protection Agency which assesses that it may take six years before the maritime industry will have to meet the demands for decent scrapping of ships on a global scale.
“It is not going to happen in one or two years and, and four years, as some has mentioned, might be a bit too optimistic as well. Between four and six years seems more realistic,” Functional Manager in the Danish Environmental Protection Agency Annette Schneider tells ShippingWatch.
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